???? Quantitative Methods for Business

Course Description

This course introduces students to the application of quantitative techniques in solving business and accounting problems. It focuses on mathematical and statistical tools that support effective decision-making in areas such as finance, economics, and management. Students will learn how to formulate, analyze, and interpret quantitative models for real-world business applications.

Course Objectives

By the end of this course, students should be able to:

1. Apply mathematical and statistical concepts to business problem-solving.

2. Use quantitative tools in financial and accounting decision-making.

3. Interpret and analyze numerical data for business planning.

4. Develop critical thinking and problem-solving skills using quantitative reasoning.

Course Content (Main Topics)

• Introduction to quantitative analysis in business

• Sets, functions, and linear equations in business applications

• Mathematics of finance (interest, annuities, present & future value)

• Linear programming and optimization techniques

• Decision theory and models under risk/uncertainty

• Probability concepts and applications in business

• Descriptive statistics (measures of central tendency & dispersion)

• Correlation and regression analysis

• Time series and forecasting methods

• Applications of quantitative methods in accounting, finance, and management

Teaching Methods

• Lectures and tutorials

• Problem-solving exercises

• Case studies and practical applications

• Computer-based statistical packages (Excel, SPSS, R, etc.)

Assessment Methods

• Continuous Assessments (Assignments, Quizzes, Tests) – 40%

• Final Examination – 60%

Learning Outcomes

Upon successful completion, students will be able to:

• Apply quantitative models in business decision-making.

• Analyze financial and accounting problems using statistical tools.

• Interpret data and make evidence-based recommendations.

• Use quantitative software tools for solving business problems.